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Find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as given. Then determine how
Find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as given. Then determine how much of this value is from contributions and how much is from interest. R =600; 6.47% interest compounded semiannually for 7 years. The future value of the ordinary annuity is $ (Round to the nearest cent as needed.) The amount from contributions is $ and the amount from interest is $. (Round to the nearest cent as needed.)
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